Jared Kushner Likely Paid Almost No Federal Income Taxes in Recent Years, NYT Reports

Jared Kushner, President Donald Trump's son-in-law, paid almost no federal income taxes in several recent years despite a rising net worth and billions of dollars spent building his real estate empire, the New York Times reported Saturday.
Citing "confidential financial records" it obtained, the Times reported that Kushner, 37, a senior White House adviser, for years minimized his tax bills by booking heavy losses on reported depreciation of his real estate holdings that overwhelmed his reported income.
The Times noted that nothing in the documents indicate that Kushner or his company...Read more ...

Jared Kushner reportedly dodged paying income taxes for years

Jared Kushner, President Donald Trump's son-in-law, paid little to no federal income taxes from 2009 to 2016, according to a report from The New York Times.
Filings by the Kushner Companies reviewed by The Times show massive losses listed as depreciation, a real estate tax law allowance that allows for a deduction to reduce taxes.
The report comes just over a week after another extensive Times investigation that found the president employed "dubious tax schemes" in the 1990s to bolster his gains from the family inheritance.
Jared Kushner, President Donald Trump's son-in-law and senior...Read more ...